CHICAGO, Dec. 9, 2016 /PRNewswire/ -- CME Group today announced that it has appointed Julie Winkler and Kim Taylor to new roles on its management team. Winkler, a 20-year veteran of CME Group, will serve ...

CME Group (CME:Nasdaq) By Sandler O’Neill + Partners ($120.85, Dec. 8, 2016) We are maintaining earnings-per-share estimates and a Buy rating on CME Group. The payment of the annual variable special dividend will reduce cash and equivalents by approximately $1.1 billion. Based on our forecast for cash at Dec. 31 of $1.917 billion, after payment of the special dividend, CME will have estimated cash balances of about $817 million, which is above its minimum cash target of $700 million.